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Bullboard - Stock Discussion Forum Western Copper and Gold Corp T.WRN

Alternate Symbol(s):  WRN

Western Copper and Gold Corporation is a Canada-based mining company. The Company is engaged in developing the Casino Project. The Casino Project is a copper-gold mining project in Yukon, Canada. The Casino porphyry copper-gold-molybdenum deposit is located in west central Yukon, in the northwest trending Dawson Range mountains, approximately 300 kilometers (km) northwest of the territorial... see more

TSX:WRN - Post Discussion

Western Copper and Gold Corp > Copper Global Price Surges
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Post by blueboron99 on Feb 20, 2021 10:10am

Copper Global Price Surges

Decided to complete some analytics on Casino's 3 recent stock price surges -

- Casino stock price increased $0.51 from Feb 10-19.
 
  Feb 10 price increased from $1.56 - $1.75 or $0.19 followed by 2 days of price pullback.
  Feb 16 price increased from $1.71 - $1.89 or $0.18 followed by 2 days of price pullback.
  Feb 19 price increased from $1.81 - $2.07 or $0.26 followed by ? days of price pullback-tbd.

The patterns which appear to be occurring with small sample size-

-all copper deposits will continue to have a stock price increase, as global price surges occurs 
-frequency of occurrence in Feb /21, every 3 business days.

A lot of chatter in the market, global copper prices will reach astronomical price increases, as we move towards the electrification process of which we have just entered.

(bb-99)
Comment by Pinegrove1 on Feb 20, 2021 10:18am
Possible the "shorts" jump on the increase & draw price down to make profit.  The difference this time is that they have trouble manipulating price when there is so much upwards price momentum.  Predatory short selling really screws up SP but it's my understanding that it becomes more difficult for them as our market cap increases and they can't stop a wave of ...more  
Comment by Moneymann on Feb 20, 2021 11:06am
It is crazy, based on 300M lbs copper for the first year , Capital cost can be recovered at the end of first year . I can not imagine once gold goes over 2500 and copper reaches 5 bucks , we all know it will rise , no force can stop it anymore . Once above happens then gold and copper miners will be valued 35 40 times earnings . May be more than it. If so they will be willing to put 20 bucks on ...more  
Comment by Moneymann on Feb 20, 2021 11:34am
From recent resource estimate  25.2 OPPORTUNITIES 25.2.1 Mineral Resources and Mineral Reserves The expanded Measured and Indicated Mineral Resource may result in a significant Mineral Reserve if additional study takes place at a Pre-Feasibility or Feasibility level. The Casino deposit includes a significant Mineral Resource amenable to heap leaching. One possible development path ...more  
Comment by Moneymann on Feb 21, 2021 2:34am
The Casino deposit includes a significant Mineral Resource amenable to heap leaching. One possible development path for Casino is to develop the heap leach project as a standalone project to commence development of the deposit   pay attention Guys , our neighbor!!!!!  
Comment by GardenManman on Feb 20, 2021 11:29am
in 2011, copper price ATH 4.6, last half year, then dropped. What 's the difference this time? Will the price keep until Casino finish it's deal?
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